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Rama Steel Tubes has started commercial production of second line at Khopoli plant in Maharashtra, which has resulted in doubling of capacity to 72,000 mt.
Further, the company proposes to add a third line of production of 60,000 mt by the first quarter of FY18, taking the total capacity to 1,32,000 mt.
The Khopoli unit had started production in June 2015 with a capacity of 36,000 mt with a total capex of Rs 7 crore. The second production line has an installed capacity of 36,000 mt with a total cost of Rs 5 crore, the company said in a statement.
“With the commencement of the second unit at our plant in Khopoli, we are looking at moving up the value chain of products, which we currently offer and cater to the high growing markets in the West. We have been able to set up manufacturing units at the lowest possible costs in the least possible time. These units will enable us to cater to higher demand in terms of both sizes of pipes and variety of products,” said Naresh Kumar Bansal, Managing Director of Rama Steel Tubes.
Rama Steel Tubes has two manufacturing facilities in Sahibabad and Khopoli with a total installed capacity of 32,000 mt.
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